Risk Evaluation for Production-Injection Recompletion and Sidetrack

Using a decision tree and stochastic parameters, expected monetary value is calculated to evaluate optimal sidetrack time. In view of placing a high confidence level on analytical approach to optimal sidetrack time for a waterflooded reservoir based on possible uncertainty of economic and reservoir parameters and probability of sidetrack success, a major assumption on a parameter in a previous...

Orodu Oyinkepreye » Dr. Oyinkepreye David Orodu has varied Oil & Gas industry experience spanning field operations and academia. He has authored/ co-authored over 30 publications including SPE papers and journal articles, and reviews articles for publication in journals. Preye holds a bachelor's degree in Chemical Engineering and master's and doctorate degree in Petroleum Engineering. He is currently the Acting... view full profile